Splash Beverage Group, Inc. (NYSE American: SBEV) announced a significant leadership transition on November 10, 2025, as founder Robert Nistico stepped down from his roles as Chief Executive Officer and Chairman of the Board. Bill Caple, who has served on Splash’s Board of Directors for over two years, has been appointed as the new Chairman. Nistico will remain on the board, focusing on special projects within the beverage sector, while President William Meissner assumes additional responsibilities during the search for a new CEO.
Caple brings extensive experience in investment banking, corporate development, and C-suite operations, including guiding the $1.8 billion acquisition of TaylorMade Golf by Korea’s Centroid Investment Partners. His appointment signals a strategic pivot for Splash, which has navigated a challenging period following its NYSE uplisting in 2021. Under Nistico’s leadership, the company completed a successful IPO in 2020 and uplisted to the NYSE American exchange. The board’s focus going forward, according to Caple, will be on accelerating strategic acquisitions beyond just the beverage sector to drive long-term shareholder value.
Nistico expressed confidence in the new leadership, stating that the timing is right for fresh direction. The transition is expected to be completed by November 14, 2025. Splash Beverage Group owns a portfolio of alcoholic and non-alcoholic beverage brands, pursuing growth through acquisitions and expanding its international distribution network. The company’s strategy includes developing early-stage brands and acquiring established ones with market presence or category innovation.
This leadership change comes as Splash seeks to reposition itself after a volatile period. The appointment of Caple, with his capital-markets expertise, suggests a more aggressive acquisition strategy that may extend beyond beverages. Investors and industry observers will be watching closely to see how the company evolves under the new chairman and future CEO. For more information, visit www.SplashBeverageGroup.com or follow Splash Beverage Group on Twitter at www.twitter.com/SplashBev.
